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EU SANCTIONS ON OIL
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...
Russia tells Europe: Yes to talks, no to ultimatumsRussia has signaled openness to dialogue with European nations, emphasizing that talks must not be based on ultimatums or perceived weaknes...
What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
'I'm the boss', Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a ...
'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...
UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
G7 allies scramble to put Ukraine back atop Donald Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia throu...
G7 allies scramble to put Ukraine back atop Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. France and other European nations are now the main supporters of Kyiv....
G7 leaders meet in France after US and Iran declare agreement to end warGlobal leaders gather at a French resort for the G7 summit. Discussions will focus on a preliminary deal with Iran, the war in Ukraine, and...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
EU sanctions Iranians over restricting naval traffic in HormuzThe European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
G7 finance ministers explore responses to Iran war falloutGlobal finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increas...
The Ukraine war is changing. European allies' strategy must change tooUkraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casual...
Nayara Energy starts operations at Vadinar refinery after maintenance shutdownNayara Energy has restarted its Vadinar refinery. The facility, with a capacity of 400,000 barrels per day, resumed operations last week. T...
Fire or ice: Why a ceasefire in the Gulf cannot holdAs the specter of renewed conflict between the US and Iran looms, the Strait of Hormuz stands at the center of this brewing storm. A fresh ...